Articles about Department Of Finance

Well, we all knew it was coming. A report by CNN Philippines says that the Department of Finance (DOF) is warning consumers to expect higher fuel excise in the coming weeks. This comes off the heels of last year's drama,

So it looks like next year's oil price hike might still be a go.According to a report by GMA News, the Duterte administration's economic advisers have done a 180 on its recommendation to suspend the increase of excise taxes

Car owners and operators across the country have undoubtedly felt the effects of the increased fuel prices under the Tax Reform for Acceleration and Inclusion (TRAIN) law. According to the Department of Energy (DOE), the average cost of 91-octane gasoline as

In case you missed it, the Department of Finance (DOF) is currently eyeing to increase the annual registration fees for cars in 2019, and is already drafting an executive order to raise the motor vehicle user's charge (MVUC). Now, we have

The Department of Finance (DOF) is preparing an order which will increase the amount motorists will have to pay to register their vehicles.According to a report by the Manila Bulletin, the government agency wants to raise the motor vehicle user's

The government announced plans to build eight major bridges that will connect the Visayas region to Luzon and Mindanao, Department of Finance (DOF) Secretary Carlos G. Dominguez said in a speech Thursday, April 19, during the Philippine Economic Briefing in Cebu City.

You might have seen posts being shared on social media about the pending increase in fuel prices as part of the Tax Reform for Acceleration and Inclusion Act. There are calls on Facebook to gas up before January 1, 2018, because after

NOTE: The Honda CR-V in the infographic is still the previous generation, hence the lower price than the new base model CR-V.When the Department of Finance first released its early proposals for comprehensive tax reforms earlier this year, many

The new tax reform law, which includes higher taxes for automobiles, is now one another step closer to reality.Voting 17-1, the Senate approved its version of the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) yesterday on its third

We recently reported that after-sales service in car dealerships is sagging overall. Does it have something to do with the volume of cars on the road, perhaps? Car brands are also selling their stocks in droves, and this is surely bringing

A lot of fuss (and even more panic) has been going around in recent months over the Department of Finance's (DOF) proposal to increase the excise tax rates on motor vehicles and the fuels that power them. What's only just

The first batch of tax reforms proposed by the Department of Finance (DOF), which includes an increase in automotive excise taxes, has passed the House on its third and final reading. Is it finally time to head over to the nearest car

After last week, you'd be forgiven for thinking that the new Department of Finance (DOF) tax proposal looming over our heads-which made it through the House Committee on Ways and Means, by the way-is going to be a huge

Recently, the local automotive industry was ruffled by news that the Department of Finance's (DOF) tax reform package-which includes an increase in automotive and fuel taxes-had passed the House Committee on Ways and Means. It didn't help that

If you recently purchased a brand-new ride to avoid being hit by the looming increase in automotive taxes, good for you. If it pushes all the way through, you may have just saved yourself a s***load of money depending on

If you've been thinking about buying a brand-new car, now might be a good time to sign on the dotted line. The House Committee on Ways and Means has just approved the tax reform package proposed by the Department of

Carmakers might not be too happy about this. The Department of Trade and Industry (DTI) has rejected the local auto industry's counter proposal to the looming increase in automotive excise taxes.According to a report by Inquirer, DTI secretary Ramon Lopez

The new Automotive Excise Taxes don't exist in a vacuum. The big picture paints a vastly different story from the screaming headlines.While there is a general sense of mild-to-moderate panic in the air regarding the new automotive taxes,

Well, it was fun while it lasted, but it looks like might have to start shelling out extra at the pump again. A report by The Philippine Star says that the government is looking to impose more taxes on gasoline and diesel-